The housing affordability (which is really closed to none these days) got me thinking – there must be a way out. So I can not afford to buy a reasonably sized house in the inner city suburbs, but does it mean that I am doomed to renting?
At first I was thinking – what if I buy a block of land and build my own house? This way I can save the money that otherwise would have been the builder’s profit. But then – I don’t know the first thing about building a house and what’s involved. How much would that cost, what kind of permits do I need to get, who will draw my plans, where to start? So I was searching for answers and found some useful info.
At first, I wanted to see how much I will save if I build myself. So I have found this building costs calculator.Use it - and get an idea how much your dream home will cost you. Don’t miss the assumptions they base the calculation on (listed under “Assumptions”).
Having done some more research I started to doubt my ability to handle this project – it just looked like too complicated and risky. This is when I saw this page about pre-fabricated houses. Actually, that is not a bad idea – instead of dealing with the whole bunch of people – the architect, the builder, the plumber, the electrician and God knows who else – you have one contact point and they are supposed to handle it all for you.
When you think about it, there are quite a few advantages to pre-built houses:
• You see what you get
• You know the price in advance, so no surprises
• The installation is faster – construction from scratch can take a lot more time
• It is ready for electrical works and plumbing
• You have limited selection of homes – makes your choice easier, as opposed to wild fantasy of your architect
• It will probably be cheaper
And there are in fact several companies who do pre-fab houses. To name a few:
PREFUILT http://www.prebuilt.com.au
Jerikohouse http://www.jerikohouse.com
Houses of the future http://www.housesofthefuture.com.au
« Hide it
Subscribe to Homeiown.com - click here
Hi
Another expnse you should recommend to people is a property valaution to stablish a fair market estimate of the price.
Some unscrupulous vendors and agents will sell substantially above fair market value to people new to the area, or buying from interstate or internationally.
Craig
Evaluator can help you with valautions and pest and building inspections.
Comment by craigwbrown — January 22, 2008 @ 6:53 pm